A recent situation in my country where the banks have been instructed to block accounts related/associated with crypto trading
Just thinking is this a legal move because these customers before opening accounts sign some form of contracts and depriving them this service should amount to suing the bank of acting outra vires .
start thinking if these banks are actually happy carrying out government policies against their customers,
I don't think they can not be happy because this is as good as loss of business and am certain these guys have targets which will be difficult to achieve with the imposed policies.
because some of them seem not too happy about it but look to have little or no choice on the matter.
Can the banks challenge the policies from the government? Are the banks working for the people or the government? is there any possibility that banks can operate freely entirely from government policies?
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Read news article here)
There are procedures to follow before such is implemented, say go through parliament as a bill and if this is supported it becomes law, but here everything is being rushed.